Page 7 - Oil Prices

Oil price cllimbs 2% as West Asia hostilities flare, Iran-US talks stall

Brent ​futures settled up $1.81, or 1.89 per cent, at $97.81 a barrel, while US West Texas Intermediate crude ​climbed $2.26, or 2.41 per cent, to $96.02

Fuelling the new normal: The high cost of insulating India's fuel users

India is bearing a high cost to insulate motorists, kitchens and flyers from large-scale disruptions in fuel supply

A slippery slope: Why India must prioritise growth over rupee fears

High oil prices, a weakening rupee and global capital shifts demand bold policymaking to protect growth and build resilience against external shocks

Oil prices climb over 2% as Israel intensifies operations in Lebanon

US crude futures rose $2.37 or 2.71 per cent to $89.73 a barrel as of 0028 GMT

'Sell in May' returns? Why markets fell in May 2026 and what lies ahead

Indian stock markets fell in May 2026 amid rising crude oil prices, FII selling, US-Iran tensions and weak rupee concerns. Analysts explain what triggered the decline and what investors should do now

European Union mulls temporary freeze on Russian crude oil price cap

The EU is weighing a freeze on its Russian oil price cap as the West Asia conflict drives crude prices sharply higher ahead of a July review

Oil prices jump 2% after fresh US strikes on Iranian military site

Brent crude futures rose $1.90, or 2.02 per cent, to $96.19 a barrel by 0015 GMT, while the more active August contract gained $1.64 or 1.78 per cent, to $93.89

Asian shares turn cautious as fresh US strike on Iran lifts oil prices

It also took a little steam out of the tech-driven bull run in stock markets, with Japan's Nikkei easing 0.2 per cent, while South ‌Korean shares went flat

Time to stop slipping on oil: Renewable energy can shield India from shocks

For, every oil price spurt so far has led to an economic crisis that, in turn, has provoked political change

Should you buy bonds? Axis MF sees near-term rally if RBI avoids tightening

Axis MF advises bond investors to gradually add Duration as RBI may avoid aggressive rate hikes despite oil risks and inflation concerns

Asian markets rise, oil prices stay elevated amid Iran war uncertainty

Asian shares advanced Friday following modest gains on Wall Street, while oil prices rose as efforts to end the Iran war yielded limited results. Oil prices had eased Thursday in US trading, alleviating pressure from the bond market as yields fell. Earlier this week yields climbed so high they threatened to slow economies worldwide and undercut prices for stocks, bitcoin and all kinds of other investments. US futures edged higher and Tokyo's Nikkei 225 was up 2.7% at 63,352.44. A report showed inflation hitting a four-year low in April, at 1.4%, despite higher prices for oil and gas due to the war. South Korea's Kospi gained 0.6% to 7,860.59. Hong Kong's Hang Seng rose 1.2% to 25,685.65, while the Shanghai Composite index climbed 0.5% to 4,096.24. Australia's S&P/ASX 200 was up 0.5% at 8,664.00. Taiwan's Taiex was trading 1.5% higher, while India's Sensex edged up 0.2%. Oil prices remained elevated over disruptions around the Strait of Hormuz, a critical waterway for oil and gas

Oil prices gain as investors doubt breakthrough in US-Iran peace talks

Brent crude futures rose $2.38, or 2.3 per cent, to $104.96 a barrel by 0034 GMT, and US West Texas Intermediate futures were up $1.73, or 1.8 per cent, at $98.08

Oil rebounds on uncertainty over Iran peace deal, inventory drawdowns

Brent crude futures rose 81 cents, or 0.77 per cent, to $105.83 a barrel by 0055 GMT, ‌and US West Texas Intermediate futures were up 97 cents, or 0.99 per cent, at $99.23

G7 finance ministers look to contain economic fallout from Iran war

Officials discuss oil-price shock, sanctions on Iran, inflation risks and support for Ukraine amid growing global economic uncertainty

Asian shares slip as drone attacks in Gulf lift oil prices, bond yields

Japan's Nikkei eased 0.4 per cent, having fallen 2 per cent last week, though that was from record highs

How petrol, diesel price hike will hit your pocket

Petrol and diesel prices have been increased by ₹3 per litre, while CNG rates have also gone up by ₹2 per kg in Delhi and Mumbai.

Petrol, diesel & CNG prices hiked: What are the new rates, and why were they raised?

The oil marketing companies have raised the prices of non-branded petrol and diesel at fuel retail outlets across the nation by an average of Rs 3 per litre.

Oil price rises over 1% after Trump says he is losing patience with Iran

Brent crude oil futures rose $1.32, or 1.25 per cent, to $107.04 a ‌barrel by 0425 GMT, while US West Texas Intermediate futures were up $1.33, or 1.31 per cent, to $102.50

Oil prices edge higher as investors eye Trump-Xi meeting amid Iran war

Brent crude futures were up 13 cents, or 0.12 per cent, to $105.76 a barrel by 0015 GMT, while US West Texas Intermediate futures rose 12 cents, or 0.12 per cent, to $101.14

Odisha CM Mohan Majhi halves convoy, urges citizens to use public transport

Move follows PM Modi's appeal for fuel conservation and restrained consumption amid West Asia crisis